The 83 homes on the market in Carmel Valley have been on for an average of 175 days. Half the listings are new on the market in the last 126 days. The valley remains firmly at the “buyer’s market” end of the spectrum with a Market Action Index of 7. The median price is just under $1,295,000 where it has been for several weeks. While the median price has leveled off, the price per square foot has been trending downward. … Continue reading Carmel Valley Market Update
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